Cotton candy prices fell by 0.43% to 57,460 due to moderate demand and weak export activity, particularly in Bangladesh. However, the downside was limited due to hopes of demand recovery from China and concerns about crop damage from Hurricane Helene. The USDA revised India’s cotton production forecast for the 2024-25 season to 30.72 million bales,…
Cotton candy prices rose by 0.5% to ₹58,610 due to concerns over reduced acreage in the Kharif season, down by 9% to 110.49 lakh hectares compared to 121.24 hectares last year. Farmers are shifting to other crops due to lower cotton yields and high production costs. Increased cotton exports to Bangladesh have tightened the cotton…
Cotton candy prices fell by 0.2% at 59,040, reflecting weakening ICE prices due to slow demand and improved crop conditions. Cotton acreage in India has decreased by 9% in the current kharif season, with 110.49 lakh hectares compared to 121.24 hectares last year. The Cotton Association of India expects total acreage for the year to…
Cotton candy prices rose 1.48% to 58,860, driven by concerns over declining acreage and supply tightness. The Kharif cropping season’s cotton acreage dropped by 9% to 110.49 lakh hectares, down from 121.24 lakh hectares last year. The Cotton Association of India predicts a total acreage of around 113 lakh hectares for this season. Due to…
Due to profit booking following a recent spike fuelled by worries over decreased acreage in the current Kharif farming season, cotton candy prices fell by -0.53% to settle at 56,830. In comparison to 121.24 lakh hectares during the same period last year, cotton acreage has declined by about 9% to 110.49 lakh hectares, according to…
Yesterday, cotton candy prices saw a notable decrease in acreage, with Punjab, Haryana, and Rajasthan reporting just 10.23 lakh hectares under cultivation—a sharp decrease from the 16 lakh hectares recorded the previous year. As a result, cotton candy prices ended the day up 0.44% at 56980. Compared to the average 7.58 lakh hectares in the…
Prices for cotton candy rose by 0.4% to 57,640 INR, mostly due to a notable decrease in the area used for cotton farming in Rajasthan, Haryana, and Punjab. After reporting 16 lakh hectares of cotton last year, these states now record 10.23 hectares under cotton. Just 97,000 hectares of cotton were grown in Punjab, dramatically…
The increased anticipated production in the United States is primarily responsible for the 1.1 million bale increase in the worldwide cotton production prediction for 2024–2025 to 120.2 million bales. Global consumption is anticipated to rise by 250,000 bales, with increases in Malaysia and India balancing declines in other regions. These adjustments cause the global ending…
Prices for cotton candy decreased by 0.12% to $58170 due to forecasts for good weather that will increase supply from important growing locations. The negative impact was, however, mitigated by a delay in Brazilian and US supplies, which led to a demand for Indian cotton from mills in nearby nations. Furthermore, stable cottonseed prices are…
Due to delays in shipments from major producers such as the US and Brazil, the price of cotton candy climbed by 0.81% to settle at 58250. This resulted in a greater demand for Indian cotton among mills located in neighboring nations. Even though the southern Indian states had begun planting for the Kharif 2024 season…
